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  • Jason10

    Anyone know which DFS sites will get the license? Starting tomorrow the new law goes into effect, where DFS sites need to get a license to operate in VA. I know 2 small sites already stopped VA players. (FantasyUP and RTSsports).

  • tgowen

    • Blogger of the Month

    MFL10 cutting out Virginia players as well and stated in an email in not so many words to expect the same in states like Missouri that require similar fees to be paid once that bill is due.

  • scottmsteiner

    I received emails from both MFL and FFPC that they will both be withdrawing from Virginia. Saw that Scout Fantasy is also removing their season long contests. $50,000 to get an operating license in Virginia. I doubt many of the season long sites can support this.

    DFS has killed season long fantasy sports in Virginia.

  • tgowen

    • Blogger of the Month

    I’ll still be stunned if many DFS sites can afford the collective fees most of these states will end up requiring them to pay.

  • Jason10

    FastFantasy emailed me, saying they will also dropp out of VA tomorrow.

  • scottmsteiner

    By the way, it’s not a DFS license, it’s a fantasy sports license. I know many here could care less, but this bill has basically made FanDuel and DraftKings the only fantasy sports options in Virginia. There are very few season long fantasy sites that could possibly pay the ridiculous licensing fee. So season long fantasy sports is dead in Virginia.

    I don’t live in Virginia, but I am disturbed that no one here seems to care as long as they get their DFS fix.

  • KindGuy

    You’re forgetting about ESPN, YAHOO, CBS,etc……………….

  • flip4flop

    Live in VA and thankful that FD and DK are options. Sucks about the license needed for other options but at least we have the major ones.

  • FantasyDraft_Rep

    • FantasyDraft Representative

    FantasyDraft will be open in VA we are applying for a license.

  • Jason10

    @FantasyDraft_Rep said...

    FantasyDraft will be open in VA we are applying for a license.

    Awesome!

  • flip4flop

    @FantasyDraft_Rep said...

    FantasyDraft will be open in VA we are applying for a license.

    great news!

  • emac

    @FantasyDraft_Rep said...

    FantasyDraft will be open in VA we are applying for a license.

    Excellent, thank you!

    EMac

  • Jason10

    DraftDay pulled out too. At this point it’s like a semi-ban in VA.

  • TheRyanFlaherty

    eh…As a Virginia resident, When I look around the DFS landscape and what’s happened with many of the smaller sites over the past year or so, I’ve come to the mindset that if a site can’t pay the license fee it’s likely a site that I shouldn’t be putting my money on anyway.

    I’ll take the full legality 10 out of 10 times. While it’s an inconvenience to the sites, I do still think it was more-or-less reasonable from the states side of things, and for the sites a 50k fee for unquestioned legality in my opinion is better and more beneficial than any ad spot that could cost that or more.

  • Jason10

    FantasyAces gone too.

  • dukedog71

    • 230

      RG Overall Ranking

    any word on Fantasy Feud?

  • flip4flop

    @Jason10 said...

    FantasyAces gone too.

    This one hurts.

  • eforsty

    Definitely a worrisome trend in fantasy sports state legislation, FD and DK are more than happy to pay the fee to create a monopoly in states…barriers to entry is good for FD/DK, but bad for consumers and all other smaller/season long fantasy sites.

  • flip4flop

    So I cant log in to Fantasy Aces at all which is annoying. How am I supposed to withdraw? I sent a request to support but wasnt sure if anyone here has heard if they plan to apply for a license?

  • Jason10

    @flip4flop said...

    So I cant log in to Fantasy Aces at all which is annoying. How am I supposed to withdraw? I sent a request to support but wasnt sure if anyone here has heard if they plan to apply for a license?

    This is what they said to me regarding the license.

    Effective June 1st, we had to cease operations in Virginia. Unfortunately, the cost to operate in VA at this time is prohibitive to our company ($50,000 License Fee). However we will continue to evaluate means to obtain the required license with the hopes that we can operate back in the state come football season. We are also pressing VA to amend the Bill to make it more attractive to all small businesses in the fantasy sports business.

    Your voice can always help in this process as we fight these fees and ask for amendments to the current bill. Please get in touch with Michael Menefee, a state regulator at the Virginia Department of Agriculture and Consumer Services. You can reach him at Michael.Menefee@vdacs.gov.

    We have truly valued your participation and look forward to allowing Virginians the opportunity to play on FantasyAces in the near future.

  • Jason10

    @dukedog71 said...

    any word on Fantasy Feud?

    They dropped out as well.

  • Cal

    RG CoFounder & Admin

    • 619

      RG Overall Ranking

    • $1M Prize Winner

    • x4

      2015 DraftKings FFWC Finalist

    @eforsty said...

    Definitely a worrisome trend in fantasy sports state legislation, FD and DK are more than happy to pay the fee to create a monopoly in states…barriers to entry is good for FD/DK, but bad for consumers and all other smaller/season long fantasy sites.

    eforsty, the trend is moving in the positive direction.

    Virginia and Indiana were the first two states to pass regulation and both have crazy fees. Since then both states have moved towards tax percentage instead of large fees. The FSTA is lobbying for taxes instead of fees and a small business FSTA started this is lobbying solely for the small guys that cant afford fees.

    Also, Fanduel and DraftKings aren’t pushing for fees. They just want clear legality. They’re not competing with small businesses that can’t pay a $50,000 fee. Regulation could actually increase their competition if casinos and other large companies start entering the market as the legal landscape gains more clarity.

  • sgogineni

    • 196

      RG Overall Ranking

    Is Fantasy Feud operating in Virginia?

  • Jason10

    @sgogineni said...

    Is Fantasy Feud operating in Virginia?

    No

  • sgogineni

    • 196

      RG Overall Ranking

    Thank you. I asked since VA is not listed as a restricted state on their website.

  • Jason10

    @sgogineni said...

    Thank you. I asked since VA is not listed as a restricted state on their website.

    I emailed them a week ago, and they said that they are discontinuing operations in VA, but maybe it’s not official yet?

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